SCMDOJO

DECEMBER 29, 2024

Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities This supply chain article provides a comprehensive overview of the procurement department within an organization. Read In Detail About Procurement Department Here 2.

Negotiating Skills 95

Negotiating Skills Purchasing Skills Purchasing Training Buyer Training 95

Procurement Academy

APRIL 24, 2025

When you look behind the scenes of a global business operation, procurement strategy and supply chain management are usually top priorities, though theyre not always working in sync. This blog explores procurement vs supply chain strategy and looks at how aligning the two leads to operational excellence.

Optimal Sourcing 52

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Freightos

AUGUST 10, 2024

More Resources Home Is AI Hype or a Truly Revolutionary Technology Set to Transform Logistics? (AI Like many, I envisioned substantial cost savings and productivity boosts for the logistics industry, which is often hampered by non-standardized formats and requires high adaptability.

Logistics Network Optimization Software 268

Logistics Network Optimization Software Modeling Software Supply Chain Planning Software Negotiating Skills 268

ivalua

JUNE 29, 2020

On the flip side, the pandemic has highlighted the long standing need for digital transformation within healthcare. We believe that a key pillar of this transformation is the supply chain. Quite often there can be a general lack of spend and vendor management and strategic sourcing activities. Share on Twitter.

Supply Chain Planning Software 219

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Supply Chain Shaman

APRIL 27, 2022

Supply chain excellence is easier to say than to explain. A potential value of a digital twin.). Keith led the work to move P&G from a regional to a global manufacturer opening up the Warsaw center of planning excellence and outsourcing IT to HP. Business leaders are action-oriented and competitive. The reason?

Procurement Analytics 369

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 369

Logistics Viewpoints

NOVEMBER 8, 2022

So, how can organizations tackle the inflationary environment by finding significant cost savings opportunities while improving resiliency? Digitalizing sourcing (i.e., Trying to evaluate bids with such complexity is well beyond the realm of manual methods and Excel spreadsheets. The key to this lies with sourcing.

Optimal Sourcing 283

Optimal Sourcing Material Savings Sourcing Strategies Sourcing 283

SCMDOJO

MARCH 24, 2025

Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred.

Purchasing Skills 69

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Supply Chain Shaman

MARCH 21, 2024

During the 1980s, I was on a management team for a large manufacturer. If I had a magic wand, I would redesign work to transform the planners to become data orchestrators with supply chain planning becoming self-service by business leaders. My job was redesigning work to improve effectiveness. The plant was 24 acres under one roof.

Inventory Reduction 434

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Supply Chain Shaman

APRIL 29, 2024

In 2012, when I started Supply Chain Insights , I believed that I could revolutionize the purchase of supply chain planning solutions by initiating a rating and review process across trading partners. So, I rolled my savings out of my 401K to build a community to enable business user feedback and reviews. The reason? The reason?

Supply Chain Planning Software 417

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ivalua

APRIL 23, 2020

Like every industry Procurement & Supply Chain software vendors are having to find new approaches in the pandemic world, and firms are coming up with ways of holding events virtually, some of which work better than others. The May 5 th programme is open to everyone, while the 6 th is limited to current Ivalua customers. .

Supply Chain Planning Software 46

Supply Chain Planning Software Procurement Supply Chain Software Supply Chain Planning 46

Supply Chain Shaman

JULY 2, 2025

When a speaker wafts eloquently on one of these terms that I hate, I have to manage the inner Lora. I used to love the annual report published by the organization, which was then named the Council of Logistics Management (CLM). Most are living in the altered reality that companies can buy end-to-end planning.

Optimal Sourcing 269

Optimal Sourcing Supply Chain Planning Software Modeling Data 269

Supply Chain Shaman

JUNE 26, 2025

On our second priority, we delivered another strong year of industry-leading productivity, with holistic margin management cost savings of 5% of the cost of goods sold. “ Definition Cambridge Press I firmly believe that unlearning must precede change management. ” My thought: ouch!

Material Savings 221

Material Savings Waste Reduction Cost Reduction Strategies Price Reduction 221

Supply Chain Shaman

SEPTEMBER 27, 2021

Projects Being Implemented as Part of a Digital Supply Chain Transformation Project. The problem with supplier visibility is bookended into procurement processes that have gone back, not forward over the last decade. Build a Digital Twin Using Planning Master Data. Visibility means many things to different people.

Supply Chain Planning Software 390

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 390

Supply Chain Shaman

FEBRUARY 18, 2021

While prior risk management disruptions occurred and quickly established a new normal, in the COVID-19 pandemic, the only normal is constant change. Re-implement demand planning, trade promotion management, and revenue/price management together to improve the baseline demand signal. It will not be over soon. Next Steps.

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Procurement Academy

JANUARY 16, 2025

Looking to improve operations and achieve cost savings within your procurement processes? A process audit report is designed to, ultimately, streamline processes, enhance decision-making and drive overall procurement excellence. The outputs are then monitored and managed to ensure they are always fit for purpose.

Procurement Analytics 52

Procurement Analytics Sourcing Strategies Optimal Sourcing Negotiating Skills 52

Supply Chain Shaman

JUNE 3, 2024

and digital supply chains. I could write a blog about each story, but let’s save that for coffee.) A Closer Look at Digital For a decade, I have struggled to get a clear definition on the digital supply chain. While digital marketing is clear, for me, supply chain digital management is not.

Supply Chain Planning Software 369

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 369

RFgen

DECEMBER 27, 2024

You’re juggling production schedules, managing inventory, keeping an eye on finances, and making sure everything runs smoothly on the shop floor. Think of it as the central nervous system of your operation, connecting everything from production planning and inventory control to supply chain management and financial reporting.

Supply Chain Planning Software 98

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Logistics Viewpoints

MAY 16, 2022

A company buys these solutions to optimize their business. Rich Sherman – a Senior Fellow in TCS’s Supply Chain Center of Excellence – points out that many companies are building control towers to better manage their supply chains. That is how enterprise and supply chain software solutions work.

Supply Chain Planning Software 307

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Supply Chain Shaman

NOVEMBER 11, 2020

Today, supply chain excellence matters more than ever. Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. Over the last decade, consultants and analysts pushed a vision of ERP as the backbone of supply chain management that has not delivered on the goods. Reflection.

Supply Chain Design Software 362

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Jaggaer

MARCH 24, 2025

Top 3 Procurement Technologies to Embrace in 2025 Staying ahead of key procurement technology and advancements is essential for CPOs who want to improve spend cost reduction, drive strategic value, and navigate the increasingly complex procurement landscape.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Negotiating Skills 52

SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

Vendor Strategies 141

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 141

Logistics Viewpoints

APRIL 14, 2022

Experts from North Carolina State University and GEP conducted a survey on supply chain, procurement and IT leaders to determine their challenges and priorities, focusing on examining gaps in the supply chain. The study found that these leaders considered the largest gap to be between supply chain and procurement, citing it as a major issue.

Supply Chain Planning Software 284

Supply Chain Planning Software Supply Chain Software Forecasting Software Procurement Solutions 284

RFgen

DECEMBER 4, 2024

Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. Technology integration: Leveraging digital tools to enhance visibility and decision-making.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

SCMDOJO

FEBRUARY 5, 2025

The world of procurement is constantly evolving, demanding professionals with the right skills and knowledge. Moreover, two popular options often considered are the MCIPS qualification from the Chartered Institute of Procurement & Supply (CIPS) and the Procurement Track offered by SCMDOJO.

Negotiating Skills 59

Negotiating Skills Procurement Solutions Optimal Sourcing Purchasing Skills 59

Supply Chain Game Changer

APRIL 15, 2020

The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! Digital Procurement article, and permission to publish here, provided by Sam Jenks at kodiakrating.com. While it may seem simple, or mundane, benchmarking the digital solutions on the market should be the first step to any kind of digitalization.

Procurement Solutions 111

Procurement Solutions Procurement Analytics Procurement Eliminating Excel in Purchasing 111

Jaggaer

MAY 8, 2025

I am a big believer in procurement getting involved as early as possible in new product development based on all the market knowledge available. The worst-case scenario is product engineering developing a new product, selecting a supplier and then telling procurement to get on with negotiation. How often do your purchase orders change?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 52

Supply Chain Shaman

NOVEMBER 21, 2022

So, I smile, catch my dinner partner’s eye and ask, “In our prior conversations, you mentioned the lack of clarity on the definition of supply chain excellence in your current deployments and how this is a barrier to implementing supply chain planning properly. Nothing is farther from the truth. Confirmation bias. Next Steps?

Supply Chain Planning Software 376

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 376

Supply Chain Shaman

SEPTEMBER 30, 2012

I find that the social work is usually being done by the digital marketing team that is worlds apart from the main marketing team; and that the marketing group is worlds apart from the supply chain team. They excel in the four Ps of marketing. The digital marketing group is often siloed. I see the value.

Supply Chain Design Software 319

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The Logistics & Supply Chain Management Society

NOVEMBER 14, 2021

in Logistics and Supply Chain Management from Cranfield University’s School of Management. Throughout my time in Schneider the scope and responsibilities undertaken in both day-to-day operations and transformation has grown. Holds a Fellow of the Chartered Institute of Logistics and Transport and holds a Global MSc.

Sourcing Strategies 246

Sourcing Strategies Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software 246

The Logistics of Logistics

OCTOBER 30, 2023

Over his 30+ year career in the supply chain, Richard has worked with manufacturers around the world in operations, supply chain, and lean strategy roles to develop systems that can manage complex supply chains on a global scale. Richard previously founded and led Factory Logic, Inc. acquired by SAP). The Greenscreens.ai

Optimal Sourcing 278

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 278

NC State SCRC

JANUARY 3, 2025

The procure to pay focus may continue, but other types of COE activities are layered on top, building on progressively more sophisticated activities such as KPI development, category intelligence support, risk management, contract management, and predictive analytics.

Negotiating Skills 52

Negotiating Skills Procurement Analytics Purchasing Skills Supply Chain Planning Software 52

Freightos

JULY 31, 2024

More Resources Home Is AI Hype or a Truly Revolutionary Technology Set to Transform Logistics? (AI Like many, I envisioned substantial cost savings and productivity boosts for the logistics industry, which is often hampered by non-standardized formats and requires high adaptability.

Logistics Network Optimization Software 177

Logistics Network Optimization Software Supply Chain Planning Software Modeling Software Supply Chain Software 177

SCMDOJO

DECEMBER 5, 2024

However, if the life cycle stock is healthy, inventory management is smooth. Inventory management revolves around the pivotal concept of the product life cycle. Various strategic steps and procurement procedures are incurred to make informed decisions about inventory production. Click here!

Inventory Reduction 98

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory Management 98

ivalua

MARCH 28, 2019

As we move towards a new decade is the emphasis in the procurement world changing – are we going to see a new age, where the Art of Procurement comes to the fore? Technology has radically changed procurement activities and procurement roles across virtually all our spheres of activity.

Procurement 167

Procurement Modeling Software Supply Chain Software Predictive Analytics Software 167

Precoro

OCTOBER 24, 2022

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Optimal Sourcing 98

Supply Chain Shaman

NOVEMBER 15, 2023

Supply management. Supply chain management. Increasing Maturity of the Role of the Forecast for the Supply Chain Leader This gets me back to why technologies are not improving enterprise leadership’s ability to forecast and manage revenue. Which gets me to the question, “What is supply chain management?

Supply Chain Planning Software 418

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Software 418

DELMIA Quintiq

NOVEMBER 17, 2020

From raw material procurement to final product sales, these supply chains’ ability to minimize inventory through product life cycle controls and facilitate prompt product supply is every bit as important as product differentiation strategies. The establishment of efficient global supply chains has become critical to competitiveness.

Optimal Sourcing 296

Optimal Sourcing Manufacturing Procurement Supply Chain Optimization Supply Chain Planning Software 296